8,218 Shares in Walmart Inc. (NYSE:WMT) Purchased by Taika Capital LP

Taika Capital LP purchased a new stake in shares of Walmart Inc. (NYSE:WMT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 8,218 shares of the retailer’s stock, valued at approximately $742,000.

Several other large investors have also modified their holdings of the business. FPC Investment Advisory Inc. purchased a new stake in shares of Walmart during the fourth quarter worth $25,000. Peterson Financial Group Inc. purchased a new stake in shares of Walmart during the third quarter worth $26,000. Fiduciary Advisors Inc. purchased a new stake in shares of Walmart during the fourth quarter worth $27,000. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart during the fourth quarter worth $32,000. Finally, Noble Wealth Management PBC purchased a new stake in shares of Walmart during the fourth quarter worth $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on WMT shares. Telsey Advisory Group restated an “outperform” rating on shares of Walmart in a report on Friday, February 28th. Barclays reiterated an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. Wells Fargo & Company increased their price target on shares of Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. increased their price target on shares of Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Finally, UBS Group reiterated a “buy” rating on shares of Walmart in a research note on Friday, February 28th. One equities research analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $103.07.

Walmart Stock Down 3.1 %

WMT opened at $91.68 on Monday. The business’s fifty day moving average is $96.19 and its two-hundred day moving average is $88.44. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The company has a market cap of $736.46 billion, a price-to-earnings ratio of 38.04, a PEG ratio of 4.42 and a beta of 0.53. Walmart Inc. has a one year low of $58.56 and a one year high of $105.30.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. The business had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is 39.00%.

Insider Transactions at Walmart

In other Walmart news, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the transaction, the executive vice president now owns 257,281 shares in the company, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the completion of the transaction, the chief executive officer now owns 3,785,702 shares in the company, valued at approximately $349,609,579.70. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 185,777 shares of company stock worth $17,657,316 over the last quarter. 45.58% of the stock is currently owned by insiders.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.